It has been a tough year for big businesses, and unfortunately it’s not going to get any easier – as corporates struggle to keep up with agile enterprises in the tech startup era.
The root of the problem lies in the outdated, tired ways businesses recruit and structure their executive team.
Businesses are stuck in the past. Those with any hope of surviving are the ones that embrace the new ways of working. The future is outcome-driven, and will no longer be about employing a solid full-time team.
Between 2008 and 2016, the number of freelancers in the UK increased by 43 per cent. There’s been a migration of permanent workers into the so-called gig lifestyle, as the traditional career path loses its appeal.
The gig economy isn’t just about ordering a taxi or takeaway – it’s about getting the best people for a specific job in the most efficient and effective way. It’s easy to picture how this works in the warehouse, but what will tomorrow’s executive look like?
Let me introduce you to the boardroom of 2038.
Steve, the CEO surfer
He’s a chief executive from Monday to Wednesday. But when the clock hits 6pm, Steve jumps in his car and drives down to Cornwall for the rest of his week, as he retrains as a part-time surf instructor.
Twenty years ago, he’d have been up at 5am and chained to his desk, catching half the colds and flu in the office. Today, he’s still up at 5am, but catching a wave, as 50 per cent of his job is done by a machine.
He still needs to check in throughout the day, but he’s no longer a career slave. It also means that when he’s “on” at work, he really delivers.
Tessa, the leading lady
With more than 20 years’ experience in helping businesses adapt, Tessa is now part of a specialist interim team.
Just as Hollywood builds a production team of the best talent for a particular film, who disband when filming wraps, Tessa is part of a SWAT team within a big corporate.
She’s worked with many of her crew before on other projects, so she’s already gelled when the director casts her as the star lead. Then it’s lights, camera, action.
Raminda, mother of all CFOs
Raminda is a part-time chief finance officer and dedicated mum. She has two kids, but is able to retain a top position because her employer embraces a more flexible way of working.
She’s been granted the freedom to bring in her own temporary team to collaborate with on the tasks in hand, allowing her to delegate non-essential work, and focus only on what matters.
Peter, tech star
Peter is a leading data scientist and VIP of the working world. He earns just as much as his movie star counterparts (if not more), and has an agent that sets up his contracts.
He gets all the lead roles in business projects and takes productions to the next level, but when “shooting” is over, there is a stack of projects lined up for him to take his pick.
The interim revolution is here, and the faster big businesses use this to their advantage, the safer they’ll be.